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Posted by Martin April 16, 2022

2022 SPX put credit spreads trading review – week 15

Last week,the SPX PCS strategy finished down by -0.50% while SPX lost -2.13%. It was because we didn’t trade much. Our strategy is directional and we trade to the upside. When the market is bad, we stay away. From time to time, we take a bearish position (credit call spread) but in this market, it Continue reading →

Posted by Martin April 11, 2022

What’s with the AT&T (T)?

Wow, AT&T (T) crashed this morning more than 25% after the spinoff was finalized over the weekend. But then, the media told you that AT&T rallied almost 8% after the spinoff.     So, what is wrong with this chart? How can the stock open below $19 a share when it closed above $23 a Continue reading →

Posted by Martin April 09, 2022

2022 Week 14 investing and trading report

Our options trading was slow last week. We just adjusted our trades to keep them safe. Many of these trades were debit trades offsetting the credit ones. However, I was aggressively buying dividend and growth stocks and I feel really good about it as I think I bought at a good value. Our net-liq dropped Continue reading →

Posted by Martin April 09, 2022

2022 SPX put credit spreads trading review – week 14

Last week,the SPX PCS strategy finished up by +5.87% while SPX lost -1.27%. Our overall SPX account is up +123.11% since the beginning of this program. However, we still have -$3,035 in unrealized losses. At some point we will have to work hard to offset those losses. We are also slightly adjusting our trading strategy Continue reading →

Posted by Martin April 05, 2022

The end of PCBT

Now it is official. After a few delays, the MTB bank took over the PBCT bank. The PBCT bank was my darling and stock I started buying in the early days of my account rebuilding process. Little by little I was buying a few shares here and there until I reach 100 shares. Then I Continue reading →

Posted by Martin April 02, 2022

March 2022 $100 Challenge account review

In March we didn’t trade much as we are building equity in the account after we had to close our positions at a loss. It is a part of the game that we will time to time take a loss. But we have time on our side and we will take leveraged positions to grow Continue reading →

Posted by Martin April 02, 2022

2022 Week 13 investing and trading report

Our trading performed well last week as our account grew again and our options trading recovered some of the previous losses. Yet we finished March 2022 down as far as options income goes (we were rolling some trades for debit and closing some trades last month to reduce risk. We are slowly returning to add Continue reading →

Posted by Martin April 02, 2022

2022 SPX put credit spreads trading review – week 13

Last week,the SPX PCS strategy finished up by +8.05% while SPX was up +0.06%. Our overall SPX account is up +110.75% since the beginning of this program. However, we still have -$2,425.00 in unrealized losses. At some point we will have to work hard to offset those losses.   Initial trade set ups   For Continue reading →

Posted by Martin March 26, 2022

2022 Week 12 investing and trading report

The stock market and our trading performed well last week. I am still managing old trades as the damage from the last two months of selling is still present and I have too much buying power tied to those open trades. But it is getting better every day. I keep investing in high-quality dividend stocks Continue reading →

Posted by Martin March 26, 2022

2022 SPX put credit spreads trading review – week 12

My last week’s SPX trading was slow. I was traveling and mostly managing the trades only. I opened only a few new trades but watched old trades expire or closed for target profit. Last week,the SPX PCS strategy finished up by +2.41% while SPX was up +1.79%. Our overall SPX account is up +95.05% since Continue reading →